Posts Tagged ‘prospecting tips for agencies’

(WEBINAR) How to Amplify Your New Business Strategy with Content Distribution

On average, it takes 7-11 proactive touchpoints to schedule a first meeting with a prospect. In the world of agency new business, relevant persistence is key, and having a solid content distribution strategy to back it up is a requirement. Our last webinar discussed the types of content successful new business teams use in their sales outreach. In this webinar, we’ll specifically show you how to leverage certain pieces of content through targeted channels to increase engagement with top prospects and speed up sales cycles. Simply producing content will not drive results. You need to put it into action.

Watch now to learn the difference between sales and marketing content, what channels are best for amplification, and how often you should be publishing your content for new business success. Other questions we will answer throughout this webinar include:

  • Should I segment my prospects to receive different types of content? 
  • What types of content are best for new business prospecting?
  • How do I distribute content for sales vs marketing approaches?


How to Amplify Your New Business Strategy with Content Distribution from AgencySquared on Vimeo.

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(WEBINAR) How to Build Prospecting Lists That Convert


You’re likely spending a ton of time creating what you believe to be relevant, compelling content you hope your prospects find engaging. But, after all the time you spend researching, prospecting and crafting the perfect email copy, are you truly getting the results you expect? Is your new business development audience even big enough or segmented effectively to truly receive the results you’re looking for?

In this Webinar Matt Chollet, President of AgencySquared, discusses what a successful new business audience should look like and the tools available to help you build robust, hyper-targeted prospecting lists that drive more revenue.

If these challenges sound familiar, we encourage you to watch the recording:

  • My email click through rate is embarrassingly low.
  • My outreach efforts aren’t generating many leads.
  • I’d like to learn how hyper-targeted prospecting lists can benefit my outreach efforts.
  • I’m in need of a better way to refresh and grow my prospecting lists easier & faster.


How to Build Prospecting Lists That Convert from AgencySquared on Vimeo.

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Expanding and Segmenting Your Target Audience – Why It’s Important

Expand and Segment Your Audience

Any successful new business strategy starts with knowing who your target audience is. As an agency you’ve likely already homed in on your unique value proposition and are ready to start engaging with prospective clients.
A critical piece many agency new business professionals miss out on is making sure they have a broad enough target audience to sell and market to. We find that [twittee tweet=”Fuel your #marketing and #sales efforts with a targeted AND substantial audience.  via @AgencySquared” content=”the key to fueling your marketing and sales efforts is an effective, targeted AND substantial audience.” ]  Click to Tweet!

When working with our clients, we’re often asked, “How many prospect records do I need?” To get the most from your outreach, we recommend a minimum of 3,000 with the goal of having 5,000 that you can continuously engage with.
Those numbers might seem like a lot but keep in mind there are tools to help you build out your prospecting database. In fact, many of your agency peers are likely using one. According to the 2016 Mirren/RSW Mirren New Business Tools Report, 9% more agency executives are investing in list building tools (compared to 2014) to help grow their new business. Our clients typically use Winmo, however there are other resources like Hoovers, and LinkedIn to help you create hyper-targeted data sets.

The importance of audience segmentation.

As you continue to grow your prospecting audience, segmenting the data into relevant batches is very important. We often segment prospects into these three groups to help us prioritize outreach and customize content:

1) Right to Win
Right to Win clients are those that are a perfect fit for our solutions. We set parameters for what a perfect client is for our agency: what issues they have, where they are and what they specialize in. If they fit those criteria, then they HAVE to be working with us.

2) Great Fit
This will be your biggest group of prospects. They have a problem we can solve, but may fall outside our parameters on a few criteria here or there. Maybe they are a bit outside of our typical region, or they’re an industry we do not normally operate within. They still have a problem we can solve however, and that means we want to talk to them.

3) Stretch
This is may be the smallest group, as they are more of ‘passion projects’ from the team – or the ‘great white whales’ that would be incredible to land. They are probably not worth committing the majority of your new business time to chasing, but landing one could make a huge difference in morale or revenue
Keep in mind this is just one way to segment your data. Every agency has a different strategy, and how you go about slicing your sales intelligence might be very different. Some find that the easiest way to group prospects is simply by industry vertical, while others choose to base their groupings off of job titles. Taking the time to think through who you want to be working with, and more importantly, what your prospects care about, will help you determine just how your agency should be dividing your prospect target list.

Yes – broadening your audience might seem like a lot of extra work, but the payoff is well worth it. By getting your message in front of more prospects that have a need for your services, you’re more likely entice qualified conversations with the brands you want to do business with.
Go ahead, the odds are in your favor.

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How to Build Email Marketing Campaigns That Drive New Business Growth

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With the rise of social media, it’s easy to assume that email marketing is going the way of the dodo. However, nothing could be further from the truth. The fact is that people still use and rely on email for many things, so it continues to be a valuable and effective way to reach out to them. Email campaigns are inexpensive, so the ROI is often considerable. The trick, however, is handling them properly and having specific objectives in mind. Pick up a few helpful tips to build email campaigns that help your business grow.

Know How to Write Effective Emails

Before considering anything else, make sure you know how to create effective emails. First, the headline must be attention-grabbing, or it will get lost in the shuffle. Use A/B testing to see which subject headlines work well and which fall flat. Include plenty of graphics and links in your email to keep readers engaged, and send them at the right time of day. Finally, always include at least one strong call-to-action in your emails so readers know how to proceed.

Remind People of Your Brand

In today’s fast-paced digital world, it’s easier than ever for brands to get lost in the shuffle. Email marketing is an effective way to keep a brand top of mind. As long as the messages are low-key, they can remind consumers about a brand and prompt them to turn to the brand when they need a product or service. Birthday messages, holiday greetings and company newsletters are great examples of gentle reminders that you can send.

Build Lasting Relationships

Through effective email marketing, you can take a single purchase and turn it into a lasting relationship. Reaching out regularly through email shows consumers that they matter. After a customer establishes an account–even if they don’t buy anything–a welcome email is a great way to forge a bond. Later, reorder emails and “we miss you” emails can help sustain the relationship, increasing the odds of additional conversions.

Establish Authority

Email marketing also allows brands to establish and demonstrate their authority. Occasionally sending useful, informative messages is an excellent way to reach out without being abrasive or intrusive. Things like product showcases that include special tips or instructions and industry news help to spark conversation. When they’re well-written, they may even be shared, expanding the reach of your marketing even further.

Learn More About Your Prospects

Finally, email marketing gives brands an opportunity to learn more about their prospects, existing customers and leads. Through special technology, it’s possible to see how people react to emails and to track how they proceed from there. This provides valuable insight into how a consumer’s mind works and can enhance the marketing process in a big way.

Ditching email marketing for a purely online or social media approach is a mistake. It may not be hip or trendy, but email marketing is still one of the best ways to grow a business–as long as it’s performed correctly.

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Top 5 Prospecting Tips for Growing Agencies & Startups

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Prospecting is time-consuming and often messy – but also vital for young companies ready to develop strong customer bases. If you aren’t finding enough leads, it’s time to invest more heavily in high-quality prospecting. Here’s what you need to know.

1. Be Organic, But Also Focus on Data

Let’s unpack this tip a bit: Prospecting is about acquiring contact information and profile data for potential leads. Because it can be time-consuming and doesn’t actually lead to revenue until leads have been turned into customers, many new companies are tempted to cheat – to buy lists of customer contact information or use contact lists from other portions of the business. Avoid this temptation – prospect data needs to be organic, gathered in the wild from real sources. This is the only way to guarantee high-quality leads with the right contact information. At the same time, these organic prospects need to be as data rich as possible so that you can start forming accurate customer personas, predict the needs of your leads, and start putting together powerful sales strategies.

2. Establish Useful Conversions

Prospecting is not too early for conversion efforts: We’re talking about basic, early conversions designed to test the efficacy of your process and gather important data. Conversions like responses to emails, fill-out forms on your website, successful referrals, and similar actions should all be fueling your prospect list. Ideally, they should also give you enough information so that you can rank your prospects based on their profitability and chances of success. Conversions this early in the process also allow you to note which channels are the most effective in picking up prospects.

3. Use All Available Channels

Speaking of channels, how many are you using? You should tap into all channels possible for your industry and target audience: Social media, blogs, forums, email, trade shows, calls to past clients, buddies at the local pub, old friends now working for another business…cast a wide net when first building your customer base. Not only will this help you find more prospects, but it will also help you sharpen up your sales pitches and marketing content before you start dealing more directly with your leads.

4. Specialize in the Right People and Tools

When we say “specialize” we are talking about two important steps in the prospecting process. First, specialize in demographics that are indeed interested in what you are selling. Don’t waste your energy gathering prospect information for people that have no interest in your products (people who live in apartments don’t buy lawnmowers, etc.). Second, specialize on prospecting within your company. There are several reasons to avoid having your salespeople find prospects. A better solution is to assign someone temporarily or permanently to dig up prospects and do nothing else: Follow up by giving these people the right sales tools to maximize productivity and narrow down/rank prospects efficiently.

5. Stay in Communication and Predict Needs

If you have followed our other tips and have a roster of high-quality leads to pursue, don’t give up on them. Keep trying different approaches, offer different solutions, seek out new decision-makers, try for different meeting times, send more emails, and so on. Prospects that may seem dead on arrival today could be a new client tomorrow. One of the most important steps in turning prospects into successful leads is to correctly forecast their needs before anyone else (including the prospects themselves). Keep a finger on the pulse of your industry, watch trends, and start making predictions about what your target audience is going to need before anyone else is thinking about it.

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